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Yamhill County moves to buy Oregon Mutual Insurance campus to consolidate county services

Yamhill County Board of Commissioners · December 5, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County staff asked commissioners to authorize purchase and financing of the two-building Oregon Mutual Insurance campus in McMinnville (about 85,000 sq ft) with a purchase price not to exceed $19,208,790 and full faith and credit obligations up to $15,000,000; commissioners supported the consolidation plan but acknowledged substantial implementation work ahead.

Yamhill County presented a proposal on Dec. 5 to acquire the two-building campus currently occupied by Oregon Mutual Insurance (OMI) at 400 NE Baker Street and 347 NE 4th Street in McMinnville.

County staff described a negotiated purchase and sale that would allow the county to consolidate administrative functions spread across roughly eight buildings into one campus totaling about 85,000 square feet. The resolution before the board would authorize issuance of full faith…

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